Vantage FX vs Pepperstone Broker Comparison

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Are you trying to figure out which is a better broker, Vantage FX or Pepperstone? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Vantage FX is the better of the two. Vantage FX offers 300+ instruments, licenses from FCA, ASIC, CIMA, and fair trading fees.

In the tables below, you can compare the features of Vantage FX and Pepperstone side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked Vantage FX higher than Pepperstone.

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
vantage fxPepperstone
OPEN ACCOUNTReviewReview
RATING95.3/10092.5/100
MIN. DEPOSIT200$200$
REGULATED BYuk australia cayman-islandsuk europe australia cayman-islands
BONUS50 USD No Deposit BonusNo Information
MIN. SPREAD1.40.6
MAX. LEVERAGE1:5001:400 retail, 1:500 pro
CURRENCY PAIRS4062
TRADING INSTRUMENTS300+1200+
TRADING PLATFORMSMT4, MT5, WebTrader, PrivateMT4, MT5, Mobile, CTrader
DEPOSIT METHODSBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and moreBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay and more
TYPE OF BROKERSSTP/ECNNDD
CUSTOMER SUPPORT24/524/5
LANGUAGE SUPPORT54
ESTABLISHED20092010, HQ in Melbourne
USED BY650,000 Traders100,000+ Traders

Does Vantage FX or Pepperstone have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive Vantage FX and Pepperstone are, we first considered the common fees on Standard Accounts. At Vantage FX the average spread for the EUR/USD currency pair is 1.4 pips, whilst at Pepperstone the spread is 0.6.

This shows that Pepperstone is the better option for low-cost forex trading.

When it comes to non-trading fees, Vantage FX charges for . Pepperstone charges for withdrawal. With this in mind, Vantage FX has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that Vantage FX is the better option.

Trading Fees*

TYPE OF FEEVANTAGE FXPEPPERSTONE
Minimum Spread EURUSD (pips)1.40.6
Commission (%)00
Commission on Islamic Accounts (%)00

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEEVANTAGE FXPEPPERSTONE
Account FeesNN
Inactivity FeesNN
Deposit FeesNN
Withdrawal FeesNY

Which broker is safer, Vantage FX or Pepperstone?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

Vantage FX is regulated by FCA, ASIC, CIMA and offers client protection. Pepperstone is regulated by FCA, CySec, ASIC, CIMA, DFSA, SCB, BaFin and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that Vantage FX is the safer broker.

Broker summary

VANTAGE FXPEPPERSTONE
Minimum Deposit (USD $)200200
LicensesFCA, ASIC, CIMAFCA, CySec, ASIC, CIMA, DFSA, SCB, BaFin
Max. Leverage1:5001:400 retail, 1:500 pro
Client ProtectionYY
Broker TypeSTP/ECNNDD
Number of Instruments300+1200+
Currency Pairs4062
Stocks1001000+
Cryptocurrencies018
CFDsYY
Proprietary Trading PlatformNN
MT 4YY
MT 5YY
Mobile CompatibleNY
Research ToolsYY
Educational MaterialsYY
Payment MethodsBank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and moreBank transfer, Visa, MasterCard, Skrill, Neteller, PayPal, Union Pay and more
24/5 Customer SupportYY
Live ChatYY

How many trading instruments are available at Vantage FX and Pepperstone?

Vantage FX provides traders with 300+ instruments. This includes 40 currency pairs, 0 cryptocurrencies, and 100 stocks and shares. With Vantage FX, you can also trade CFDs.

In comparison, Pepperstone boasts 1200+ tradable instruments. Pepperstone offers 62 currency pairs, 18 cryptocurrencies, and 1000+ stocks and shares. Pepperstone also allows CFD trading.

As Pepperstone has 1200+ and Vantage FX has 300+, a difference of 900, this shows that Pepperstone offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTVANTAGE FXPEPPERSTONE
Currency Pairs4062
Commodities2017
Precious Metals511
Indices1425
Stocks and Shares1001000+
Cryptocurrencies018
Options00
ETFs11

Which broker offers the best trading platform, Vantage FX or Pepperstone?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

Vantage FX provides you with the ability to trade via 4 trading platforms, and Pepperstone has 4 trading platforms, too. Both brokers also offer research and trading tools, however Vantage FX has more.

Overall, our experts agree that Vantage FX boasts the better trading platform offering.

Research Tools

TOOLVANTAGE FXPEPPERSTONE
News (from top-tier sources)YY
Trading Signals and IndicatorsYY
Trade IdeasYY
Expert AnalysisYY
Autochartist ToolsYY
Sentiment ChartsYY
Economic CalendarYY

Which is better for beginners, Vantage FX or Pepperstone?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that Pepperstone is the better broker for beginner traders as it offers a larger range of educational tools and materials. Pepperstone also has a minimum deposit of $.

Educational Features

FEATUREVANTAGE FXPEPPERSTONE
Demo AccountYY
Platform Tutorial VideosYY
Educational PDFsYY
Live WebinarsNY
YouTube VideosYY
Trading AcademyNY
Trading GlossaryNY

Which broker is better overall?

Overall, our tested reviewing methodology proves that Vantage FX is the better broker in a range of key areas. You can learn more by reading our Vantage FX and Pepperstone reviews.

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